Why did companies get bailouts during the 2008 global financial crash?

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Didn’t some of these companies cause the crash? Or at least help it. Feels kind of unfair that they get off scot-free.

What would have happened if the government didn’t bail them out? Would we ever recover?

In: Economics

33 Answers

Anonymous 0 Comments

We gave all the banks bailouts and then president Obama directed his Department of Justice NOT to investigate any of the banks or bank executives for their brazen crimes. 5 million American families lost their homes and Black wealth was virtually wiped out. But 45ers think he was a socialist. 🤷🤬

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